Gold prices on local markets increased during daily trading, despite the one ounce drop in the world stock exchange to the $ 1670 level, due to the rise in the dollar, and US Treasury bond yields, among others. expectations that the US The Federal Reserve will continue to raise interest rates in the next period, and the markets are also awaiting the release of US inflation data to be released next Thursday, which could provide an indication of the monetary policy of the US Federal Reserve. at the next meeting in November.
And he said Ing. Said Imbabiexecutive director of the platformany jewelersFor online gold and jewelry trading, “gold prices in local markets have risen by £ 30 in the past two days, bringing the price of one gram of 21-karat gold to the level of £ 1130, despite the drop in the ounce. of over 50 dollars, to reach the level of 1664 dollars “, which confirms that the movement of the gold price is subject to manipulation and exaggeration and according to personal whims.
Gold prices today in the Egyptian markets
He added that one gram of 24-karat gold recorded a level of 1274 pounds during today’s transactions, one gram of 21-karat gold recorded 1115 pounds, one gram of 18-karat gold recorded 956 pounds, one gram of 14-karat gold registered 744 pounds, and the gold pound registered 8920 pounds.
Gold prices in trading yesterday, Tuesday
Gold prices rose by 12 pounds during yesterday’s trading as a gram of 21-karat gold opened trading at the 1100 pound level and touched the 1130 level and concluded transactions at the 1112 pound level and the ounce opened trading at the $ 1665 level, and transactions were closed at $ 1666.
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